Purpose US Cash Fund ETF (TSE:PSU.U) Declares Monthly Dividend of $0.27

Purpose US Cash Fund ETF (TSE:PSU.U) declared a monthly dividend on Wednesday, February 25th, TickerTech Dividends reports. Shareholders of record on Tuesday, March 3rd will be given a dividend of 0.2698 per share on Tuesday, March 3rd. This represents a c) annualized dividend and a yield of 3.2%. The ex-dividend date is Wednesday, February 25th.

Purpose US Cash Fund ETF Stock Down 0.3%

Shares of PSU.U stock opened at C$100.01 on Thursday. Purpose US Cash Fund ETF has a 12-month low of C$100.00 and a 12-month high of C$100.38. The business’s fifty day simple moving average is C$100.16 and its 200-day simple moving average is C$100.17.

About Purpose US Cash Fund ETF

This section outlines the investment objectives of each fund and the type of securities in which the fund may invest to achieve those investment objectives. A funds investment objectives may include capital preservation generating income capital growth or a combination of the three. Some mutual funds focus on diversification across asset classes while others take a focused investment theme investing in a particular country or sector as their objective. The fund invests primarily in high interest deposit accounts and highquality money market securities denominated in US dollars and generally with term to maturity not exceeding one year.